JSW Steel Limited has informed the Exchange regarding a press release dated May 12, 2026, titled "JSW Steel reports Consolidated Crude Steel Production of 21.18 Lakh Tonnes for April 26
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JSW Steel reported consolidated crude steel production of 21.18 lakh tonnes in April 2026, down 1% YoY from 21.40 lakh tonnes in April 2025. Indian operations contributed 20.40 lakh tonnes (down 1%) while JSW Steel USA Ohio contributed 0.78 lakh tonnes (down 7%). The YoY comparison excludes production from Bhushan Power and Steel's business transferred to JSW-JFE Steel in March 2026. Blast Furnace 3 at Vijayanagar is under shutdown for capacity upgradation, impacting overall production. Excluding BF3 impact, production grew approximately 10% driven by full ramp-up of JVML operations. Indian operations capacity utilization was ~94% excluding BF3 and 83% including BF3.
The 1% YoY decline in production is largely due to planned maintenance at BF3 and will normalize after the upgradation. The 10% growth in underlying operations is positive. This is routine monthly production data with no material stock-moving implications.